A processing device including a first shadow register, a second shadow register, and an instruction execution circuit, communicatively coupled to the first shadow register and the second shadow register, to receive a sequence of instructions comprising a first local commit marker, a first global commit marker, and a first register access instruction referencing an architectural register, speculatively execute the first register access instruction to generate a speculative register state value associated with a physical register, responsive to identifying the first local commit marker, store, in the first shadow register, the speculative register state value, and responsive to identifying the first global commit marker, store, in the second shadow register, the speculative register state value.